MHCDF is a program that helps Michigan cities and communities to compete for, attract and retain the brightest and best workers in the country. The program concentrates efforts in downtowns, neighborhoods, affordable housing and supportive housing.

In the 2008 budget the legislature gave the fund its first allocation – 2.2 million dollars. The goal of the coalition is to eventually get to an annual funding number of 100 million-dollars. At that funding level the program will leverage an additional $280 million. Over 6,000 good-paying jobs can be created every year. It would also generate $21 million in state and local taxes. And, by furthering our goals to create a vibrant Michigan, we attract companies and people. It's just common sense–when you keep up neighborhoods and housing–you have a place that people want to be.